Ethereum startup ConsenSys will introduce a range of decentralized finance (DeFi) products, reports CoinDesk.

The Codefi software package consists of four parts: data, networks, assets and payments. It is focused on the needs of corporate clients. We are talking about processing cryptocurrency payments, processing information about fiat transfers using the blockchain and using the API.

According to Lex Sokolin, co-chair of ConsenSys Global Technology Research, Codefi is similar to Twilio or Stripe fintech products designed to process billing data.

ConsenSys expects that over time, Codefi will become the basis of their business model, and will also stimulate the massive adoption of Ethereum.

Recall that earlier ConsenSys announced a restructuring of the venture capital business.





Source link

Register at Binance

ConsenSys To Develop Number Of DeFi Products
ConsenSys To Develop Number Of DeFi Products
ConsenSys To Develop Number Of DeFi Products
ConsenSys To Develop Number Of DeFi Products

ConsenSys To Develop Number Of DeFi Products

ConsenSys To Develop Number Of DeFi Products